Recession seems to me is good as more money would pour in US defence from both government(stimulating economy and great defence demand for next 20 years) and private sectors (arms dealer making money).
Like to see TTT be a counter-market runner
Titomic advances significant global defence sector engagements Titomic reported significant advances in the global defence sector, leveraging its leading cold spray capabilities. The Company secured contracts worth AUD 476,000 in revenue with international defence prime contractors and key suppliers, with AUD 64,000 recognised as of May 2024 and AUD 412,000 expected by Q2 FY2025. These engagements, which include strategic relationships and applications in sensitive aerospace and defence sectors, highlight Titomic’s growing presence and ongoing revenue generation in these industries. Further details are restricted due to legislative and regulatory constraints.
Let us have an eye on Q2, a double of AUD476K or more?
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Last
19.0¢ |
Change
0.015(8.57%) |
Mkt cap ! $194.7M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 19.3¢ | 18.0¢ | $818.0K | 4.430M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 568457 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 533246 | 15 |
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| Last trade - 16.10pm 12/08/2024 (20 minute delay) ? |
| TTT (ASX) Chart |